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The 25-foot-wide house at 74 Hicks Street just hit the market asking $6,500,000 and it’s a beauty. It’s clearly undergone a high-quality (and tasteful) renovation that preserved the old floorboards while spiffing up the kitchen and bathrooms. It’s currently configured as an owner’s triplex over a garden-level rental though with a price tag like this it’s going to take more than a few thousand dollars of rental income to take the edge off that mortgage! As for the asking price, here’s where we stand: We’ve got absolutely no idea whether they’ll get it. Seems like a lot, but this is a fall-in-love-and-move-right-in situation so you never know.
74 Hicks Street [Douglas Elliman] GMAP P*Shark


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  1. Thwackamole, what are you talking about re: “the historic 3-4 family set-up”??

    These townhouses in Brooklyn Heights were designed as single family with space for lots of servants. Granted, “single family” in those days also included extended family like grandparents that might not be present today, but to say that this was originally a 3-4 family house is just wrong.

  2. Noki, I have the latest issue of Mother Jones but I forgot to read it. Isn’t it all about composting? Is that what’s got you in a lather about overly perfect $6.5 million townhouses?

  3. Maly….72 Hicks is a much smaller house in terms of square feet and it’s a frame structure, not brick and brownstone like 74 Hicks. Only the lot size is comparable in size. Did you see 72 Hicks? To what level was it renovated? These are the kinds of factors that make a big difference.

  4. 72 Hicks is a frame house, FWIW. It suffered from going out at too high of a price and then sitting on the market for over a year. My gut is it would have sold higher if it hadn’t scared people away.

    Having said that, I think this house is also priced too high for its size.

  5. To BoerumHill. I guess. I just saw an interview with frickin’ Scott Walker, read the New York Times Style section and an issue of Departures Magazine, which featured a 9,000 dollar handbag and a hotel in the South Pacific, to which one must use a private jet, with rooms starting at 3,500 a NIGHT, and was nearly hemorrhaging vomit.

    The chasm is getting wider and wider and wider and the politicians getting further and further and further into the pockets of big money, and it isn’t getting better for a very long time. People are hurting so much and just can’t seem to see or vote their way out of it. Sorry. This place must’ve hit a nerve. Carry on.

  6. There isn’t much on the market now, so this may sell to a hedgie with a big bonus burning a hole in his pocket.

    Longer term, the combination of:

    — landmarks preventing the building of higher density housing
    — rent control making it extremely un-advantageous to convert this to the historic 3-4 family setup

    — lower tax rates for 1-3 family buildings

    is going to make brooklyn heights an increasingly hollowed out area full of ultra-rich people in one-family mansions.

    This is a societal waste, as we’d all be better off relaxing the rules so that more people could take advantage of the convenient transportation and infrastructure.

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